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2 years ago

Larry is assisting a buyer who's making an offer on his client's listing. If Larry is too helpful to the buyer, what might occur

1 answer:

5 0

If Larry is too helpful to the buyer, the thing that might occur is an implied agency and undisclosed dual agency

<h3>Who is a Buyer?</h3>

This refers to the person that is interested in or makes a purchase of a certain product for a given price.

Hence, we can see that based on their assistance of Larry to a shopper that is making an offer on an available listing, it can be noted that this is an Implied agency and an undisclosed dual agency because he would make an offer on behalf of the company.

Read more about implied agency here:

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Labor costs are 30% of sales. Other operating costs are $38,000 per month (including $10,000 of depreciation). Both of these are

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$14,000 rupees will be disbursed totally in march.

Explanation:

The operating cost is $38,000 per month. This is including depreciation. So cash pending on March 1 is $8,000.
At the end of March month, the cash balance of $6000 is required. So a total of $14,000 is required at the end of the month. Including the labor costs, he wants to pay $14,000.
He can borrow money in multiples of $1000. For emergencies, this money can be borrowed. So $14,000 should be dispersed in the month of March.

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3 years ago

Jonah had $25 to spend. He

DedPeter [7]

Answer:

ignored the concept of scarcity

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3 years ago

At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, previously wr

Tom [10]

Answer:

Given:

Allowance for Doubtful Accounts is a credit of $760

Written off accounts = $120

Accounts totaling = $740

The end-of-year balance (before adjustment) in Allowance for Doubtful Accounts will be computed as:

Allowance for Doubtful Accounts - Accounts totaling + Written off accounts

⇒ $760 - $740 + $120

⇒ $140

therefore, the correct option is (c).

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3 years ago

East Publishing Company is doing an analysis of a proposed new finance text. Using the following data, answer Parts a through e.

Alik [6]

Answer:

a. Determine the company’s breakeven volume for this book. •i. In units ii. In dollar sales

total fixed costs = $70,000

variable costs per unit = $16

sales price = $30

contribution margin = $30 - $16 = $14

break even point in units = $70,000 / $14 = 5,000 textbooks

break even point in $ = 5,000 x $30 = $150,000

b. Develop a breakeven chart for the text.

units fixed costs variable costs total costs total sales

0 70000 0 70000 0

1000 70000 16000 86000 30000

2000 70000 32000 102000 60000

3000 70000 48000 118000 90000

4000 70000 64000 134000 120000

5000 70000 80000 150000 150000

6000 70000 96000 166000 180000

I attached the graph that corresponds to this break even chart.

c. Determine the number of copies East must sell in order to earn an (operating) profit of $21,000 on this text.

($70,000 + $21,000) / $14 = 6,500 units

total sales = 6,500 x 30 = $195,000

d. Determine total (operating) profits at the following sales levels: i. 3,000 units •ii. 5,000 units iii. 10,000 units

i. $28,000 loss

ii. no gain/loss, break even point

iii. $70,000 gain

e. Suppose East feels that $30.00 is too high a price to charge for the new finance text. It has examined the competitive market and determined that $24.00 would be a better selling price. What would the break even volume be at this new selling price?

new contribution margin = $24 - $16 = $8

new break even point in units = $70,000 / $8 = 8,750 textbooks

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3 years ago

The following data is available for Blaine Corporation at December 31, 2012: Common stock, par $10 (authorized 25,000 shares) $2

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Answer:

a) b.20,000

b) b.20,000

Explanation:

a) Number of common stocks issued = 200,000/10

= 20,000

So, 5000 stocks remain with company.

Number of common stocks outstanding = 20000

b) b. 20,000

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3 years ago